United States/WA: Dynamic Application Security Testing Market Will Boom In Near Future
Report Pages:[130 Pages]
The Competitive Area of the Dynamic Application Security Testing Market is Defined by Key Players Like:-
WhiteHat Security, Veracode, Synopsys Accenture, IBM Corporation, Micro Focus, Pradeo, Rapid7, Tieto, and Trustwave holdings, Inc.
Dynamic Application Security Testing (DAST) is a highly reliable method that validates the program and web application against a set of XML vulnerability scans. Unlike with SAST, however, DAST detects the vulnerability even without executing the affected code. They are useful in improving the security of the organization by providing insights regarding the behavior of web applications during the production process. Dynamic application security testing is a means of ensuring that a system, its assets, and modes of operation are secure from various security threats. It is carried out at several levels. At the simplest level, static application security testing is aimed at ensuring the functionality of the software and to test how well it runs once development is complete. The second level involves testing for the system’s security and integrity, which may involve performing denial-of-service attacks or even attacks against the confidentiality of data.
The growing risk associated with the business due to application vulnerabilities coupled with the strict government regulations is predominantly fueling the market growth. Moreover, the increasing level of cyber-attacks is also contributing to the market growth of dynamic application security testing. According to the National Institute of Standards and Technology, the data breaches exposed 4.1 billion records in the first half of 2019. The growing focus of the organization to enhance security standard and increasing adoption of cloud based applications is again anticipated to augment the market growth. Furthermore, the increasing e-commerce industry coupled with the growing adoption of such application across healthcare, IT, and Telecom industry is further projected to foster the market growth of the dynamic application security testing.
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North America is expected to gain significant growth over the forecast period and this is attributed to the strong presence of the IT industry in the region. According to CompTIA’s Cyberstates, the United States is the largest tech market in the world, representing 33% of the total, or around US$1.6 trillion for 2021. In the U.S., as well as in many other countries, the tech sector accounts for a significant portion of economic activity.
Key Developments:
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In December 2020, StackHawk announced that it has introduced a free Developer Plan for its dynamic application security testing platform. The all-new free tier makes application security testing accessible to everyone.
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In December 2019, ZeroNorth, the provider of risk-based vulnerability orchestration for applications and infrastructure, announced a new solution for Rapid Application Security, for customers to quickly stand up software security initiatives by leveraging open source vulnerability discovery tools.
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In February 2020, NowSecure, the mobile app security, and privacy software company has announced that it has launched the world’s first Interactive Security Testing (IAST) purpose-built for mobile apps.
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